Just minutes before it was set to deliver its financial results for the first half of its 2025-26 fiscal year, Ubisoft mashed the brakes on the whole thing, postponing the release of its results to an unspecified future date. The company also requested that European exchange Euronext halt trading of the company’s shares and bonds from November 14 until the publication of its results.
They haven’t been doing too well recently. The trade halt is because they’re afraid that everybody would read the halting of the report as admission they’re barely afloat and start dumping shares, killing the company.
Right, If the truth is theyre barely afloat theyre not going to change anything by delaying the report. The time its reporting has passed.
Sure. Long term.
But I can’t help but wonder how much a motivated executive could embezzle using some additional time…
Which is what leads me to believe that they caught an error in the report and needed to re-print it. Halting it now wouldn’t change anything financially.